Core Insights - PepsiCo's PBNA division is experiencing growth in 2025, driven by innovation in beverage platforms like Pepsi Zero Sugar and an expanded Mountain Dew flavor portfolio [1][7] - Pepsi Zero Sugar has shown double-digit net revenue growth, supported by marketing campaigns and a broader zero-sugar strategy [2][7] - Mountain Dew's new flavors are appealing to younger consumers, enhancing PBNA's market position [3][7] PepsiCo's Performance - PepsiCo's shares have increased by 1.3% over the past three months, while the industry has grown by 4.5% [6] - The forward price-to-earnings ratio for PepsiCo is 16.97X, slightly below the industry average of 18.01X [8] Earnings Estimates - The Zacks Consensus Estimate for PepsiCo's 2025 earnings indicates a year-over-year decline of 0.7%, while 2026 earnings are expected to grow by 5.9% [9] - EPS estimates for 2025 and 2026 have remained stable over the past week [9]